DoubleLine Asset-Backed Securities ETF
DABS
New York Stock Exchange Arca- -
USD
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- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Bonds
- Address
- Doubleline ETF Trust, 2002 North Tampa Street Tampa FL United States of America 33602
- IPO Date
- Feb 28, 2025
- Website
- doubleline.com
- Similar Companies
- Business
- DoubleLine Asset-Backed Securities ETF (NYSE Arca: DABS) is an actively managed exchange-traded fund that seeks long-term total return while generating current income by investing primarily in investment grade asset-backed securities (ABS), with at least 80% of its portfolio allocated to ABS backed by diverse assets including consumer loans, auto loans, student loans, home improvement loans, residential solar, timeshares, aircraft, shipping containers, railcars, data centers, commercial solar, and other infrastructure-related hard assets such as energy and renewable resources; the fund targets an average portfolio credit rating of A- (with a maximum of 20% below investment grade for opportunities), maintains a duration between 1-6 years, and employs active management by portfolio managers Andrew Hsu, CFA, and Fifi Wong to enhance risk-adjusted returns through sector diversification, spread optimization, and structural enhancements to mitigate downside risk. Launched on February 28, 2025, with trading commencing on the NYSE Arca exchange on March 4, 2025, the ETF represents DoubleLine Capital LP's latest addition to its suite of eight U.S.-listed ETFs managing over $1.3 billion in assets; as of September 2025, DABS holds net assets of $73.4 million across 99 holdings, featuring top positions in securities like WAX 2022-1A A2, SOLRR 2021-1 B, and SDCP 2025-2 A2, with a 30-day SEC yield of 5.46%, weighted average duration of 2.31 years, and weighted average life of 3.45 years. DoubleLine Capital LP, founded in 2009 and headquartered in Tampa, Florida (with additional offices in Los Angeles, Dubai, Tokyo, and London), manages the fund as part of its broader fixed income strategies, leveraging its experienced structured products team overseeing $4.7 billion in ABS across multi-sector portfolios.